Optimus Ride Raises $1.1 Million

Transportation startup Optimus Ride just closed $1.1 million in financing from an undisclosed investor.

Optimus Ride Inc. is an MIT spinoff company based in Cambridge, MA, that develops self-driving technologies to enable safe, sustainable and equitable mobility solutions. The company is designing a fully autonomous system for electric vehicle fleets. Optimus’s team combines more than 30 years of interdisciplinary university research in self‑driving technologies (DARPA Urban Challenge), electric vehicles (CityCar), and mobility-on-demand systems.